Long

DCRBTC - buy here

Updated

I know I'm a little late to this party, but DCRBTC is a buy here. Making higher lows, higher highs after breaking through a significant, strong market cycle. Good longer term hold. Look to pick up near bottom of flag pattern if you're patient.

Note

Currently at the bottom of the flag, If you're on the sidelines, this is an entry.

Note

Keep an eye. If this breaks to the 121-122 area, might have to go back to the drawing board. Otherwise a good entry with a tighter stop than usual.

Trade closed: stop reached

Well, I'm going to take a loss on this one.
Lessons Learned: While I still believe DCR has broken the old market cycle, I was late to enter it and got jumpy. This is not something that I want to do in the future, and will learn from it. I could have waited for an entry, and should have looked to enter at least at the bottom of the bull channel. I still believe this is a solid play long term, but for the purposes of this trade, I'll put an L on my record.

Note

I should mention most alts are in a bloodbath atm.

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Bloody hell. So I was right to begin with. Welcome to crypto. Still keeping the L on the record for poor entry.

MarkCanna

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